The New and ImprovedPrecisePay®

Making Premium Payments Easier Through Pay-As-You-Go Automation.

PrecisePay

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EMPLOYERS has launched a new PrecisePay® (pay-as-you-go) program. The new program is available within the EACCESS® policyholder portal and features many upgrades and new functionality.

Benefits of the new and improved PrecisePay include:

Easy access within the EMPLOYER EACCESS Policyholder Portal, so no more need for a separate login.

A more intuitive payroll entry process with user friendly prompts.

Minimum estimated annual premium reduced to $1,000 or greater.

Quick and easy registration. Get signed up in less than 5 minutes.

More about PrecisePay

PrecisePay is the EMPLOYERS pay-as-you-go premium payment system which allows EMPLOYERS policyholders to make smaller, more frequent premium payments by paying each payroll period. PrecisePay calculates the workers’ compensation premium from a business's actual payroll figures and assigned classifications each time payroll is processed and submitted to EMPLOYERS. State-mandated assessments, taxes, and surcharges are collected in accordance with state law. Payroll information can be submitted to EMPLOYERS either by a policyholder or by their approved payroll service provider.

How Payroll is Reported

Payroll information is reported to EMPLOYERS via a secure website portal by using one of the three following methods:

Upload a file from your payroll system.

Complete and upload an interactive Excel template provided by EMPLOYERS.

Enter the information directly.

How PrecisePay Benefits Your Business

Improves cash flow - no deposit premium is required and premium is paid in smaller, more frequent increments each time payroll is reported.

Saves time – there are no checks to write since premium payments are automatically deducted each payroll period.

Minimizes audit variances – because the premium is calculated based on actual payroll each pay period, the risk of a large final audit variance and a subsequent final audit payment at the end of the policy period is minimized.

Meet Us

EMPLOYERS® and America's small business insurance specialist® are registered trademarks of Employers Insurance Company of Nevada. Insurance is offered through Employers Compensation Insurance Company, Employers Insurance Company of Nevada, Employers Preferred Insurance Company, and Employers Assurance Company. EIG Services, Inc. (in California, dba EIG Insurance Services) is an affiliated agency and adjuster. Not all insurers do business in all jurisdictions. A forward-looking statements disclaimer is an integral part of this website. *Quote availability is subject to applicable underwriting guidelines. Submitting the quote request form will not provide you with an instant quote, nor is it an application for workers' compensation insurance. By providing the information, you agree that we can share the information provided with one of our appointed insurance agents who will contact you personally within the next few business days.